# Questions tagged [national-accounts]

Covers how National Accounts statistics should be interpreted, as well as information regarding how National Statistical Institutes compile these concepts. May also answer questions raised by the international statistical community on methodological best practice for these statistics.

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### Can a financial institution's headquarters location misrepresent service sector GDP in other regions?

In calculating GDP using the output approach, can a financial institution's headquarters location misrepresent the service sector's contribution to GDP in other regions? For example, imagine a ...
21 views

### Why are sales taxes added in the income approach to GDP

In the income approach to GDP: Y = p + w + dep + ib.tax where p, w, dep, and ib.tax are profits, wages, depreciation, and indirect business taxes respectively. Profits and wages are straightforward, ...
• 19
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### Confusion in the relationship between GNDI and GNI

GNDI- Gross National Disposable Income; GNI- Gross National Income We know that GNDI = GNI + Net Current Transfers from ROW(rest of world). What I don't understand is why is there no mention of direct ...
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### Does it make sense to evaluate a country's debt in GDP based on PPP?

Consider a fictional country Gudzan-Tservijstan with a GDP of \$100bn USD, a total (public and private) debt of \$100bn USD, and a PPP conversion factor of 2. Are there advantages to considering the ...
• 101
1 vote
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### Capital share of income and profit margins

The capital share of income is defined as gross operating surplus divided by nominal GDP. At the firm level, the profit margin is defined as profits divided by sales. Notwithstanding the fact that ...
• 19
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### Looking for a guide to data at daily frequency or higher

I found that one of the most valuable parts of an economics education was learning about the available data and major surveys. The NIPAs and the Integrated Nstional Accounts (which I believe will ...
• 359
1 vote
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### Intermediate Consumption vs Savings-Investment in National Income/Expenditure Accounting

I am trying to fully understand the savings-investment identity; both the Y=C+I+G=C+S+T and inventory accumulation perspectives make sense to me, but I came up with two examples that are a bit ...
• 159
1 vote
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### In 'corrupt' countries, what proportion of government funds get spent on what they are allocated?

Are there any estimates across countries of the proportion of funds that actually get spent on what they're allocated to be spent on?1 Most OECD countries would probably have ratios close to 1:1, that ...
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### Capital outflow from the US

There's a lot being discussed about investors from the US diverting capital to emerging markets in early 2022. Is there any official recording of capital outflow in the US, so we could tell how much ...
• 101
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### Godley-Lavoie private bank model

Good evening everyone ! I'm currently reading Godley and Lavoie Monetary economics. It's really an awesome book, and I'm at the 7th chapter where they introduce private bank money. The model is very ...
53 views

### How to show the identity $I = S$ is valid in these applied cases?

Say we are in a closed economy where there is no government. It is claimed that $$I = S$$ is an accounting identity and so it's always valid. I find it difficult to understand why this identity is ...
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1 vote
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### Splitting GDP between population

When looking at the average incomes in a country it is necessary to distinguish between mean income and median income. Mean income tends to be distorted by high earners, so typically median income is ...
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### Difference between capital and current account

Why is an increase in foreign assets in a country different from us just selling foreigners our goods? As in why is one (inc. in assets) in capital account and the other (exports) in current account?
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### Who gathers the production/use data that makes up GDP? And how?

I know that GDP can be calculated from the national accounts using data which says how much of each industry's output was bought by each other industry. But how is this kind of supply/use data ...
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### Is the BEA double counting benefits in Personal Income?

The BEA (US Bureau of Economic Analysis) that produces the GDP and GDI also prepares a summary of Personal Income for the nation. In that it includes employer contributions for both private pensions ...
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### why has the GDP per capita of Ireland grown of almost 30% between 2014 and 2015?

I came across these graphs today : https://data.oecd.org/gdp/gross-domestic-product-gdp.htm https://data.oecd.org/lprdty/gdp-per-hour-worked.htm In both, something doesn't make sense for me: the ...
• 151
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### UK GDP accounts for profits on sale of home

A house is built and sold to a family as their primary residence for £1000 in 2000. The purchase price is included in GDP for 2000. In 2001 the house is sold for £2500. The seller pays solicitors' and ...
• 123
1 vote
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### Domestic Demand, Private Consumption, Public Consumption, Gross Fixed Investment Relationship

I'm reading the IMF's January 2016 Report on Sweden's Economic Indicators, and the top section has the following: Domestic Demand (2012) Percent Change: -0.6 Indented below are: Private Consumption ...
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### What Level of Government Debt to GDP Ratio is Sustainable?

I was reading that Japan has a debt to gdp ratio of 240pc and I cannot understand why this has not left the country "bankrupt"? From looking at this like an ordinary person this level would be ...
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### What's the difference (if any) between "fixed assets" and "fixed capital" in the UN SNA?

From my reading of the UN System of National Accounts (2008 update), "fixed assets" and "fixed capital" seem to be completely synonymous. Yet strangely there seem to be these two different terms. So ...
1 vote
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### International shipping services count as exports?

A Greek ship owner transports mouse traps from Albania to Japan, making every year ten million Euro in revenue and one million Euro in profits. The total value of the mouse traps he transports every ...
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### Why is GDP equal to the sum of revenues?

National Income can be expressed in two ways : In can be derived from the GDP, as, roughly, a sum of "money spent" : GDP is equal to C + G + I + NX, where C, G, I and NX are houshold consumption, ...
• 151
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### How is software treated in Gross Domestic Product calculations?

Is there a concise explanation of how software is treated in GDP calculations? It seems a bit complicated. I can only figure out part of the story: For consumer purchases, I think all software ...
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### Have the Greek bailouts been included in state budgets Eurozone members?

A lot of people (mainly journalists and politicians) say that Eurozone taxpayers pay for the Greek bailouts. On the other hand, a lot of economists say that those money have not been added in the ...
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1 vote
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### Balance of payments abbreviations

I am trying to decipher certain abbreviations related to balance of payments. They are strange, and i have to admit i have no idea what did they mean furthermore i was not able to find anything ...
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